top of page

240 28th St

SOLD

240 28th St

San Diego

$1,155,000

Property Description

This centrally located 4 unit consists of all 2 bedroom 1 bath units with private patios and in unit washer/dryer situated on a large 7,992 square foot lot. Tenants enjoy the privacy and proximity to Downtown, Balboa Park and the nearby 5, 94 and 15 freeways. Along with the property's great central location, tenants also have an off- street parking space. This properties boasts significant rental upside with rents currently about 30% under market.

Contact Agent

Alexio Barbara

760-419-1343

Investment Summary

Property Location

SOLD

$1,155,000

Property Type

4plex

Price/Unit

$298K

Units

Unit Mix

4

(4) 2bd / 1ba

Price/Sq Ft

$358

NOI

$41,994

CAP

GRM

Sq Ft

Current

3.51

16.8

Imp

3,332

Year Built

1959

240 28th St

Proforma

7.11

10.4

Land

7,992

PDF Download PNG.png

COMPLIMENTARY INVESTMENT CONSULTATION

Call us. We are here to help.

Alexio (760) 419-1343  |  Adrian (858) 735-9977

Keep up to date with our latest off-market listing inventory and relevant San Diego multifamily news.
SCC Lions Web Logo2.png

The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction.

South Coast Commercial, INC DRE# 01846358 | Gonzalez and Barbara Group DRE# 01992393

bottom of page